UPDATE: Morgan Stanley Downgrades Lifepoint Hospitals to Equal-Weight (LPNT)

Morgan Stanley is out with its report today on Lifepoint Hospitals (NASDAQ: LPNT), downgrading LPNT from Overweight to Equal-weight.

In a note to clients, Morgan Stanley writes, "We are downgrading LPNT to Equal-weight from Overweight with a view that current levels reflect a more balanced risk-reward, and we prefer Overweight-rated HCA (NYSE: HCA) within the hospitals sector."

Shares of LPNT closed Monday at $38.68, up 0.13% from Friday's close.